Dáil
‹ Questions on Promised Legislation Central Bank Bill and lenders
Summary
Deputy Durkan said third-party lenders were pursuing borrowers too aggressively and asked whether the Central Bank Bill could address the problem of repossessions and homelessness. The Tánaiste said the Bill was being worked on and issues could be raised during debate.
I raised this issue previously in the context of the Central Bank (Consolidation) Bill regarding the possibility of including in the legislation provisions to deal with the increased vigour with which third party lenders are pursuing borrowers. This will result in the repossession of family homes, small businesses and small farms and will create a huge problem for the housing market in terms of homelessness. What is the possibility of doing this in the near future?
